Audientes A/S completes DKK 1 million directed issue for strategic investment by Shenzhen Hengtong Partner Company Ltd. and issues new shares

Company announcement no. 24-2023
July 12, 2023

 

 

 

Audientes (“Audientes” or the “Company”), CVR 36047631, has previously announced the agreement with Shenzhen Hengtong Partner Company Ltd. (“Hengtong”) for the distribution and sale of Audientes’ products in China. In connection with the signing of the agreement, it was also decided on a directed issue to Shenzhen Hengtong Partner Company Ltd. The directed issue has now been registered with the Danish Business Authority and Audientes has received DKK 1.0 million before issue costs.

 

The directed issue

Through the directed issue, DKK 1,000,000 was added to the Company before issue costs of approximately DKK 100,000. The subscription price amounted to DKK 0.2807 per share. Through the Directed Issue, the number of shares and votes in the Company increased by 3,562,522 to 39,150,472 shares and the Company's share capital was increased by DKK 356,252.20 to DKK 3,915,047.20. The issue entails a dilution effect of 9.10 percent in relation to the number of shares in the Company. The dilution effect is calculated by dividing the number of new shares and votes by the total number of shares and votes in the Company after registration of the new shares.

 

The issue proceeds will be used for further development of sales and related activities. 

 

For further information, please contact:

 

Steen Thygesen, CEO, Audientes A/S	Troels Torp, CFO, Audientes A/S
Phone: ‭+45 77 34 16 80‬‬‬‬‬‬‬‬‬	Phone: ‭+45 77 34 16 80‬‬‬‬‬‬‬‬‬
Email: [email protected]	Email: [email protected]

 

About Audientes A/S

Audientes A/S is a Danish hearing health company specializing in smart, self-fitting and affordable hearing aids and advanced hearables. Audientes’ unique hearing aid solution, Ven™ by Audientes, is available for purchase in the Indian market. Companion by Audientes is an advanced hearable consumer electronics product that is commercially available in Europe and later in 2023 in China.

 

Audientes’ mission is to make high-quality hearing aids and hearables for hearing improvement or hearing enhancement accessible to everyone who needs them globally. Audientes is listed on Spotlight Stock Market Denmark (AUDNTS) and headquartered in Copenhagen, Denmark with a subsidiary in Hyderabad, India.

 

For additional information please refer to the company’s websites, www.audientes.com, www.audientes.eu or www.audientes.in.